Global Economy Storyboard
Updated: 6/3/2020
Global Economy Storyboard
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Storyboard Text

  • The global economy is the trades between countries by buying and selling products.
  • What is the Global Economy?
  • Here in Canada we import all our electronics from China as it is cheaper there.
  • Canada's largest export to China is wood pulp paper scraps.
  • Global Economy
  • Importing is when a a country buys a good from another country. A good is a product.
  • Canada has a surplus of oil so they export it to America
  • Exporting is when a country sells a good to another country.
  • In conclusion, the global economy is very important because one country can't produce all products. All the countries need each other to function.
  • Both China and Canada in this case are trading with each other. Trading is giving someone something and getting something in return.
  • A surplus is the amount of products leftover after all the needs in a country are meet.
  • The End!!
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